OCBC BANK
Long

Will OCBC's share price sustain its momentum?

28
The Straits Times Index has been reaching new highs in recent months, driven by the rise of the top three banks—DBS, UOB, and OCBC.

OCBC, which also the owner of Great Eastern insurance group, has seen its share price surge nearly 40% year-over-year.

The ex-dividend date for its SGD 0.57 dividend is set for April 25, 2025, offering a dividend yield of approximately 5% based on the current price.

The chart shows a stabilization candle, a few more trading days are required for confirmation.

Will you invest in OCBC?

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